Torrington Properties Acquires Multifamily Property On Bolton Street In Waltham For $1.25M
46 Bolton Street, Waltham, MA, USA
$1,250,000
$251/SF
Building Size
4,966 SF
Asset Type
MultiFamily
Closing
Dec 21, 2020
AI
A multifamily property located at 46 Bolton Street in Waltham was recently sold for a price of $1,250,000. The property spans across 4,966 square feet and is composed of 6 units. With a price per square foot of $252, the average cost per unit amounts to $208,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,250,000
- Square Footage: 4,966
- Address: 46 Bolton Street, Waltham
- Market: Waltham
The buyer of this property was Torrington Properties. The transaction was facilitated by Nick Jasinski, Kurt Cawley, and Rich Cawley of United Multi Family.
Players
Waltham MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93